Commit To Buy Bottomline Technologies At $35, Earn 5.7% Annualized Using Options
February 22, 2019 at 13:49 PM EST
Investors considering a purchase of Bottomline Technologies Inc (EPAY) shares, but cautious about paying the going market price of $48.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $35 strike, which has a bid at the time of this writing of $1.15..
